Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
A client asked, before this call, whether Permian Basin Royalty Trust is still a compelling investment after the extreme price increase over the last year.
As a former miner in Northwest New Mexico and the daughter of immigrants who settled in the rural southeast Permian Basin, we became lawmakers to help protect our people and our land – while also protecting the economic futures of working families.
Source: https://www.abqjournal.com/2592847/clean-energy-transition.html
For investors who are building a larger portfolio in the midstream sector and/or are very bullish on the Permian Basin, we think there is definitely room to include PAA/PAGP in your portfolio.
Middle Eastern production averages about $22 a barrel, while U.S. Permian Basin production averages about $46 a barrel.
Occidental is the top producer in the Permian Basin, one of the world’s most abundant reservoirs in the U.S., and has markets including Oman, Canada, and Chile.
Source: https://investorplace.com/2023/08/these-are-the-only-3-oil-stocks-to-consider-in-august-2023/
Once completed, Ovintiv will have 179,000 net acres in the Permian Basin, generating 190,000 barrels of oil equivalent per day (MBOE/d), 65% higher than before the acquisition.
The U.S. production rebound is more concentrated in the Permian Basin of Texas and New Mexico, where production costs are among the lowest in the country.
Source: https://www.businessreport.com/industry/domestic-oil-production-hits-all-time-high
Third, continue to pursue opportunities in the Permian Basin to drive loan and deposit growth as well as fee income.